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U.S. Trade Distributors Industry Analysis

UpdatedJul 08, 2026
DataAggregated Company Financials
Companies59
  • 7D-4.5%
  • 3M6.7%
  • 1Y14.1%
  • YTD12.3%

Over the last 7 days, the Trade Distributors industry has dropped 4.5%, driven by a pullback from United Rentals of 3.6%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the U.S. Trade Distributors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Jul 2026US$400.7bUS$202.8bUS$15.5b22.7x25.9x2x
Sat, 06 Jun 2026US$406.6bUS$202.8bUS$15.5b24.8x26.2x2x
Mon, 04 May 2026US$397.3bUS$199.1bUS$15.6b24.3x25.4x2x
Wed, 01 Apr 2026US$356.1bUS$200.4bUS$16.4b20.8x21.7x1.8x
Fri, 27 Feb 2026US$366.7bUS$189.6bUS$15.1b22.5x24.2x1.9x
Sun, 25 Jan 2026US$359.4bUS$181.8bUS$15.4b23.1x23.4x2x
Tue, 23 Dec 2025US$334.5bUS$183.1bUS$15.2b20.6x22.1x1.8x
Thu, 20 Nov 2025US$313.1bUS$182.8bUS$15.0b18.6x20.8x1.7x
Sat, 18 Oct 2025US$336.6bUS$179.9bUS$14.9b21x22.7x1.9x
Mon, 15 Sep 2025US$341.0bUS$179.1bUS$14.6b21.7x23.4x1.9x
Wed, 13 Aug 2025US$341.2bUS$182.6bUS$14.7b22.7x23.1x1.9x
Fri, 11 Jul 2025US$338.0bUS$181.2bUS$13.8b20.9x24.6x1.9x
Sun, 08 Jun 2025US$319.3bUS$181.1bUS$13.8b20.2x23.1x1.8x
Tue, 06 May 2025US$300.3bUS$181.9bUS$13.7b20.2x21.9x1.7x
Thu, 03 Apr 2025US$292.5bUS$191.1bUS$14.3b19.5x20.5x1.5x
Sat, 01 Mar 2025US$298.2bUS$190.7bUS$14.5b19.4x20.6x1.6x
Mon, 27 Jan 2025US$323.2bUS$189.6bUS$15.2b19.6x21.2x1.7x
Wed, 25 Dec 2024US$310.0bUS$189.4bUS$15.3b16.6x20.3x1.6x
Fri, 22 Nov 2024US$333.8bUS$189.3bUS$15.3b17.2x21.8x1.8x
Sun, 20 Oct 2024US$325.2bUS$190.8bUS$15.7b15.6x20.7x1.7x
Tue, 17 Sep 2024US$295.2bUS$190.7bUS$15.8b14.2x18.7x1.5x
Thu, 15 Aug 2024US$292.5bUS$190.6bUS$15.8b13x18.5x1.5x
Sat, 13 Jul 2024US$287.8bUS$189.8bUS$15.9b16.6x18.1x1.5x
Mon, 10 Jun 2024US$285.2bUS$189.8bUS$16.0b15.3x17.9x1.5x
Wed, 08 May 2024US$301.6bUS$189.6bUS$15.9b17.6x19x1.6x
Fri, 05 Apr 2024US$317.2bUS$188.7bUS$15.8b18.4x20.1x1.7x
Sun, 03 Mar 2024US$305.5bUS$189.2bUS$16.1b17.8x19x1.6x
Tue, 30 Jan 2024US$297.2bUS$207.0bUS$16.7b15.1x17.8x1.4x
Thu, 28 Dec 2023US$291.2bUS$205.3bUS$16.8b15.2x17.3x1.4x
Sat, 25 Nov 2023US$261.7bUS$205.5bUS$16.9b13.2x15.5x1.3x
Mon, 23 Oct 2023US$238.0bUS$203.8bUS$16.6b12.8x14.3x1.2x
Wed, 20 Sep 2023US$241.6bUS$203.9bUS$16.6b12.5x14.5x1.2x
Fri, 18 Aug 2023US$251.6bUS$203.6bUS$16.6b13x15.1x1.2x
Sun, 16 Jul 2023US$257.3bUS$202.5bUS$16.5b14.2x15.5x1.3x
Price to Earnings Ratio

15.5x


Total Market Cap: US$257.3bTotal Earnings: US$16.5bTotal Revenue: US$202.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Trade Distributors Industry Price to Earnings3Y Average 20.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Trade Distributors industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.6x which is higher than its 3-year average PE of 20.5x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have declined 2.2% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market-0.65%
Industrials-2.96%
Trade Distributors-4.48%
Trade Companies and Distributors-4.48%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AER AerCap HoldingsUS$148.934.9%
+US$1.1b		30.6%PE6x
GWW W.W. GraingerUS$1.35k0.9%
+US$543.0m		29.1%PE35.8x
ZKH ZKH GroupUS$2.6729.6%
+US$96.9m		-15.2%PS0.3x
REZI Resideo TechnologiesUS$31.762.1%
+US$96.9m		32.9%PS0.6x
GATX GATXUS$173.571.1%
+US$65.3m		9.7%PE18.4x

Latest News

RUSH.A
US$72.57
Rush Enterprises
7D
0.8%
1Y
35.1%
GATX
US$173.57
GATX
7D
1.1%
1Y
9.7%
EQPT
US$16.58
EquipmentShare.com
7D
-16.1%
1Y
n/a
Seeking Alpha • Jul 06

EquipmentShare: T3 Makes Rental Growth More Interesting

Summary EquipmentShare.com earns a Buy rating due to its T3 technology platform, which enhances equipment rental utility and customer retention. T3 integrates telematics and software to drive operational efficiency, making EQPT increasingly relevant for large contractors and supporting wallet share defense. Branch maturity is a key margin lever; mature locations deliver 55% adj. EBITDA margins, and recent results show accelerating revenue and margin expansion. EQPT trades at a steep EV/EBITDA discount to peers despite faster growth, but capital intensity and execution on branch maturity remain critical risks. Read the full article on Seeking Alpha
FAST
US$46.51
Fastenal
7D
-2.6%
1Y
7.2%
Seeking Alpha • Jul 05

Fastenal: I Admire It, But I Wouldn't Have It

Summary Fastenal boasts a resilient, high-ROIC business model with strong customer integration and high switching costs. FAST is experiencing robust momentum, with double-digit daily sales growth and rising revenue per contract and site. Despite operational excellence, valuation is stretched—forward P/E at 39x and dividend yield below 2%, offering little margin of safety. I assign a sell rating to FAST, citing excessive optimism priced in and limited upside even under aggressive growth scenarios. Read the full article on Seeking Alpha
WSO
US$380.22
Watsco
7D
-6.7%
1Y
-19.6%
AER
US$148.93
AerCap Holdings
7D
4.9%
1Y
30.6%
REZI
US$31.76
Resideo Technologies
7D
2.1%
1Y
32.9%
Narrative Update • Jul 02

REZI: ADI Spin Off Plan Will Support Bullish Repricing

Analysts have adjusted the Resideo Technologies price target from $49 to $51, citing the recently renegotiated parent-company agreement that frees up $140M in annual cash flow and the planned spin-off of the lower margin distribution arm as key supports for the updated view. Analyst Commentary Recent commentary around Resideo Technologies focuses on how the new parent-company agreement and the planned spin-off could affect valuation, cash generation, and execution risk.
FERG
US$221.46
Ferguson Enterprises
7D
-3.4%
1Y
-1.1%
Narrative Update • Jul 02

FERG: AI Infrastructure And Buybacks Will Support Stronger Future Upside

Analysts have lifted their fair value estimate for Ferguson Enterprises stock from $300 to $325, citing updated assumptions around revenue growth, profit margins, discount rates, and future P/E that align with the recent mix of higher and lower Street price targets. Analyst Commentary on Ferguson Enterprises Street research around Ferguson Enterprises has been mixed, but the latest fair value move to US$325 reflects how bullish analysts are weighing recent price target changes against execution assumptions and valuation inputs.
QXO
US$14.66
QXO
7D
-11.4%
1Y
-33.5%
GWW
US$1,349.74
W.W. Grainger
7D
0.9%
1Y
29.1%
Narrative Update • Jul 02

GWW: Endless Assortment And Digital Execution Will Support Measured Future Upside

The analyst fair value estimate for W.W. Grainger has been raised from $1,342 to $1,399, reflecting updated views on revenue growth, discount rates, and margins that are broadly consistent with recent mixed Street price target revisions and neutral to equal weight ratings. Analyst Commentary Recent Street views on W.W. Grainger show a mix of cautious and constructive commentary, with the stock drawing both Underweight and Neutral ratings alongside a series of price target adjustments.
SUNB
US$70.30
Sunbelt Rentals Holdings
7D
-3.6%
1Y
8.9%
AIT
US$315.88
Applied Industrial Technologies
7D
-4.9%
1Y
25.6%
Seeking Alpha • Jun 30

Applied Industrial Technologies: Slowing Growth Cannot Support Rising Valuations Indefinitely

Summary Applied Industrial Technologies has seen it stock price appreciate for years, but there could be trouble lurking underneath due to earnings growth lagging behind. The appreciation in the stock price was backed by strong growth, but lately this growth has slowed down and could slow down further in the short term. AIT may not grow fast enough in the coming years to justify elevated valuations if we go by the financial model used in a recent Investor Presentation. There is reason to think AIT has become overvalued with the way the stock has gone up, which is why I am neutral on AIT with a hold rating. Read the full article on Seeking Alpha
URI
US$1,071.49
United Rentals
7D
-3.6%
1Y
33.3%
Narrative Update • Jun 30

URI: AI Rental Tools And Building Cycle Tailwinds Will Shape Returns

United Rentals' analyst price target has been raised from $1,084.25 to $1,120.00. Analysts point to higher peer targets and recent research citing operational execution, capital allocation, and technology focus as key supports for the updated valuation inputs, including a modestly higher future P/E assumption.
CNM
US$45.59
Core & Main
7D
0.4%
1Y
-26.8%
ZKH
US$2.67
ZKH Group
7D
29.6%
1Y
-15.2%
Narrative Update • Jun 18

ZKH: Share Repurchase And Improved Profit Outlook Will Support Future Upside

Analysts have made a small adjustment to their price target for ZKH Group stock, reflecting slightly updated fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. The implied valuation shift is measured in just a few cents per share based on these refined inputs.
HDSN
US$6.44
Hudson Technologies
7D
13.6%
1Y
-22.6%
Narrative Update • Jun 15

HDSN: Defense Contract Extension And Buybacks Will Support Future Upside Potential

Hudson Technologies' analyst price target has been revised slightly. The updated view reflects modest tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions, as analysts align their models with the latest valuation inputs.